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Intelligence

Lead Edge Capital raises USD1.95bn for Fund VI

Lead Edge Capital (LEC), a technology-focused growth stage investment fund, has closed Fund VI, which was oversubscribed, with over USD1.95 billion of commitments from Lead Edge’s network of over 500 limited partners and institutions. LEC will target making equity investments of between USD15 million and USD200 million per portfolio company

Postclick raises USD20m in funding round led by Bridge Bank

Postclick, the company behind the Advertising Conversion Cloud, has raised USD20 million in a funding round led by Bridge Bank’s Technology Banking Group. Postclick will use the funding to support the company’s evolution from an agency model to a full technology-led SaaS solution that will continually develop new innovations as

Carlyle raises USD4.6bn for second credit opportunities fund

Global investment firm Carlyle has made the final close of its second Carlyle Credit Opportunities Fund (CCOF II) which raised USD4.6 billion, hitting its hard cap, exceeding its USD3.5 billion target, and attracting almost double the amount raised for its predecessor fund. Including available leverage, investable capital is approximately USD6

Border to Coast launches GBP4bn private markets programme

Border to Coast Pensions Partnership (Border to Coast) has launched its second Private Markets programme (Series 2) with GBP4 billion of commitments from its Partner Funds, bringing total commitments in the programme to date to GBP10 billion. The first tranche of Series 2 commitments will be invested over the next

Ares launches Ares Private Markets Fund

Ares Management Corporation (Ares), a global alternative investment manager, has launched the Ares Private Markets Fund (the Fund), a new registered, continuously offered, non-traded, closed-end fund that intends to invest in an actively managed portfolio of private equity and other private assets. It will principally invest through secondary market fund

Applied Composites acquires North Coast Composites

Applied Composites Holdings, LLC (Applied Composites), an aerospace, space and defense composites supplier, has acquired The Companies of North Coast, LLC (North Coast or the Company), a manufacturer of Resin Transfer Molded (RTM) composite structures and tooling, from Unitech Holdings, Inc (Unitech). Terms of the transaction were not disclosed. This

Nordic Capital invests in Mortgage Broker Bilthouse

Financial services providers Baufi24 Baufinanzierung AG, Hüttig & Rompf AG and Creditweb GmbH are joining forces under the umbrella of the new Bilthouse Group. Nordic Capital, a private equity investor, will become the majority shareholder of Bilthouse. Nordic Capital will, in partnership with the founders and the management, actively support

Biomedical start-up Adapttech raises GBP2.25m

Biomedical startup Adapttech has raised GBP2.25 million from investors including Mercia Asset Management, ACF Investors, Wren Capital and Wealth Club. The company also announced the launch of the new INSIGHT Range, a family of products that make it faster and easier to fit lower-limb prostheses and improve patient outcomes. The

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